$QIND - BULLISH News & Filing Confirming National Echange UplistTICKER QSE:QIND - Quality Industrial Corp, focused on the Industrial, Oil & Gas and Utility Sectors has announced yesterday a new acquisition through an 8K filing.
The main interest point is the way the acquisition is financed. Tranches paid in National Exchange listed stock or cash.
This basically means QIND is near its uplist to a National Exchange board, which comes with minimum price requirements.
The stock is terribly under-valued at a current valuation of about 16M$, for a company that operates a profitbable +100M$ of revenues last year, which will grow rapidly.
I expect a SHEER Bullish movement once it moves to the National Boards and that its latest quarterly filing is disclosed (approx. 2 weeks max from now, they filed an extension yesterday).
Good luck, do your DD and have fun!
QIND trade ideas
$QIND - LONG in coming months - Short term side-trading QSE:QIND Quality Industrial
HUGE Long potential, if uplist in the coming months is successful.
Company will be worth around 300M$, 10x its actual market value.
This has been confirmed by initial valuation of company by external auditors.
For now, I'm expecting sideway trading in a relatively thin band.
Be on the lookout for this company in the next few months, initial target for uplist is End of October, early November as per latest Management comments!
NFA, Cheers!